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    4223 South Congress Ave Austin, TX 78701

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    For Lease
    $26 SF/Yr

    Mixed-use development featuring office, hotel, condos, and apartments.

    Property size:
    105,000 SF
    Lot size:
    5.46 Acres

    Property Features for 4223 South Congress Ave

    General Information

    Size
    105,000 SF
    Lot size
    5.46 Acres

    Source: Cushman & Wakefield | Austin Agent Matt Frizzell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Development in South Elmo

    This mixed-use development, known as South Elmo Plaza, features a variety of property types. It includes 105,000 square feet of office space, a 35,000 square foot public marketplace, a 150-key boutique hotel, 148 multifamily condominium units, and 300 apartment units.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -97.7653581
    Latitude
    30.2200753

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    FAQs

    What type of property is this?
    Office building - Mixed-use development featuring office, hotel, condos, and apartments.
    Where is this office building located?
    The property is located at 4223 South Congress Ave Austin, TX.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Mixed-use development with diverse property types (office, hotel, condos, apartments); - 35,000 SF public marketplace; - 148 unit multifamily condos
    (512) 474-2400
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    4223 South Congress Ave Austin, TX 78701
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    Austin, TX 78701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4223 South Congress Ave Austin, TX 78701
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